Moment Energy Raises $40M To Meet ‘Infinite Demand For Power’ With EV Batteries

Moment Energy Raises $40M To Meet ‘Infinite Demand For Power’ With EV Batteries

Moment Energy has secured $40 million in new funding to expand its innovative approach to energy storage using repurposed electric vehicle batteries. As global electricity demand surges due to data centers, climate pressures, and EV adoption, the company is positioning itself as a key player in solving one of the grid’s biggest challenges. With safety-certified systems, major partnerships, and growing investor confidence, Moment Energy’s latest funding round signals a major shift in how the world could store and distribute power more efficiently. Moment Energy Raises $40M to Scale EV Battery Storage Energy storage startup Moment Energy has announced a $40 million Series B funding round, pushing its total funding past $100 million. The round was led by Evok Innovations, with participation from major backers including Amazon Climate Pledge Fund and In-Q-Tel. Additional support came from retail-focused fund W23, highlighting broad investor confidence in the company’s mission. The fresh capi…